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Sometimes, forgery is the method of choice in defrauding a bank. There are three main types of cheque forgery: [1] (a) Counterfeit. This is a cheque that has been created on non-bank paper to look genuine. It relates to a genuine account. (b) Forged signature. The cheque is genuine, but the signature is not that of the account holder.
Forged endorsement is a type of fraudulent payment. For example, someone may write a cheque with a forged signature. In this case the forged signature makes the endorsement fraudulent. Forging endorsements can be used to prevent the person or legal entity that the payment is made out to from being able to receive its value (such as cashing a ...
If the forgery claims are true -- and that's not much of an "if" -- the false deeds cloud the properties' titles, creating a nightmare for the innocent people who bought the homes after they were ...
For example, suppose an individual has $10 in a bank account and no cash, but wishes to purchase an item costing $100. Here is how the fraud could be accomplished: The individual first writes Check #1 (a bad check) for $100, and uses it to purchase the item. The check will clear (i.e., the check amount will be deducted from his account) at the ...
Endorsing a check is a crucial step that allows a bank to process it. ... your signature must match the name on the front of the check. ... Here are some examples to keep in mind: 1. Joint Accounts
For example, a questioned document may be a sheet of paper bearing handwriting or mechanically-produced text such as a ransom note, a forged cheque, or a business contract. It may be material not normally thought of as a "document"; FDEs define the word "document" very broadly, as any material bearing marks, signs, or symbols intended to convey ...
Jul. 28—State Police announced the arrest of a Shandaken man, accusing him of issuing checks to himself without his employer's permission. According to an email from Troop C Public Information ...
A cashier's check is also different from a certified check, which is a personal check written by the customer and drawn on the customer's account, on which the bank certifies that the signature is genuine and that the customer has sufficient funds in the account to cover the check. [6]